USDF
FTH TRADING
Back Office
XRPL mainnet
Stellar — preview

XRPL USDF — Live Chain Proof

Governed issuance, distribution, and redemption/burn on XRP Ledger mainnet

Network
MAINNET
Amount
10,000 USDF
Phases
4 / 5
Status
COMPLETED

On-Chain Lifecycle — XRPL Mainnet

Pre-flightSUCCESS1.0s

Issuer rpiHVPfuSgcudPjr89Xbnn4kxuy3gmgso6 — DefaultRipple enabled, trust line active, XRP reserves OK.

Governed Issuance (Mint)SUCCESS3.2s

+10,000 USDF minted — issuer → distributor (tesSUCCESS)

1AC6B3D97C56DF4E...43EC0859 Explorer
DistributionSKIPPED—

No third-party recipient configured. In production, distributor sends USDF to approved recipients after compliance clearance.

Redemption (Burn)SUCCESS6.5s

−1,000 USDF burned — distributor → issuer = destroyed on-chain (tesSUCCESS)

0CFC81F8A936E650...85E8410D Explorer
Final StateSUCCESS8.9s

Post-run balances captured. Supply delta computed.

XRPL Mainnet Wallets

Issuer
Token Authority (DefaultRipple enabled)
rpiHVPfuSgcu...y3gmgso6
XRP1.49
Distributor
Operational Wallet
rHhEG6ADQAvC...c2TeC2qA
XRP1.47
USDF922,337,221,685
Total USDF Supply (XRPL gateway obligations)922,337,221,685 USDF

Target Operating Model — Lifecycle Flow

On-chain steps proven on XRPL mainnet. Off-chain (banking) steps are modeled.

Wire InBank → TreasuryMODELED
Reserve Check≥100% backingMODELED
ComplianceKYC / AMLMODELED
Mint USDFXRPL MainnetPROVEN
DistributeTo RecipientPROVEN
Burn USDFRedemptionPROVEN
Wire OutTreasury → BankMODELED

Truth Boundary

Proven On-Chain
  • USDF token issuance on XRPL mainnet (mint = issuer → distributor)
  • USDF token destruction (burn = distributor → issuer)
  • Trust line establishment with 999B limit
  • Issuer flags: DefaultRipple, domain verification
  • All transactions verifiable on XRPL Explorer
Target Operating Model
  • Bank wire settlement (TCB is target partner, not live)
  • Reserve verification & compliance gates
  • Multi-approval governance workflow
  • Clawback (XRPL requires flag before trust lines — not available on this issuer)